Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Derek Llambias Appointed To Rangers Board

Mon 3rd Nov 2014 | Clubs Ownership

Newcastle United’s former Managing Director, Derek Llambias has been appointed to the Rangers board as Mike Ashley tightens his grip on the Scottish Football League club.

Llambias, who quit Newcastle in 2013, had served as a consultant at Rangers since it was announced that former CEO Graham Wallace and Finance Director, Philip Nash had both resigned from the club.

A statement released by Rangers to the Stock Exchange announced “The Board of Rangers announces that it has appointed Derek Llambias as a non-executive director.

“He was nominated as a director of its choice by MASH Holdings Limited pursuant to its agreement to withdraw its requisition for a General Meeting, as set out in the announcement dated 27 October 2014. Mr Llambias has been acting as a consultant to the board of Rangers since 28 October 2014.

“Mr Llambias held various positions including Managing Director of Newcastle United Football Club between 2008 and 2013. Prior to this he has been involved in a number of leisure and gaming businesses

“In accordance with Rangers' Articles of Association, Mr Llambias will be subject to re-election by ordinary resolution of the shareholders of the Company at the upcoming Annual General Meeting which is expected to be held in December.”

Ashley owns an 8.92% shareholding in Rangers through MASH Holdings Limited.

Image: Action Images / Graham Stuart

Posted by: Aaron Gourley 

Icondia (Icondia-C-468x60.gif)
 
RETURN TO LATEST NEWS SECTION
SUBSCRIBE TO THE FCBUSINESS RSS FEED
 
If you have any football business related news stories you’d like to share then please contact us –
agourley@fcbusiness.co.uk  

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

EFL To Consider US Style Interventions At Troubled Clubs

Thu 21st Sep 2017 | Clubs Ownership

Giving the EFL unprecedented American-style powers to take over the running of clubs in crisis will be on the agenda when clubs meet today to discuss how the situation which ravaged Leyton Orient can...

Ossett Albion Takeover Brings Readymade Academy

Wed 13th Sep 2017 | Clubs Ownership

The founders and directors of Unita, a local based facilities management company, have taken the reigns at Ossett Albion in a move which sees the EVO-Stik North club inherit a ready-made football...

Southampton Secures Chinese Investment Partners

Mon 14th Aug 2017 | Clubs Ownership

Southampton Football Club has announced the formal conclusion of talks which will see Chinese businessman Mr Jisheng Gao take a stake in the Premier League club. In a letter to fans issued on Monday...

Altrincham FC Seek New Investment

Thu 13th Jul 2017 | Clubs Ownership

At a recent Extraordinary General Meeting, the shareholders of Altrincham Football Club passed a series of motions which will now allow the club to bring in new investors. A new controlling share in...